State of Tennessee Programs

Competitive tax incentives make Tennessee a smart choice for doing business. Tennessee has one of the country’s lowest per capita tax burdens, no income tax on wages, and no state property tax.

Tax credits include those based on the number of jobs created, amount invested, type of business and location. Tennessee also offers tax credits for qualified industrial machinery purchases and a series of sales and use tax exemptions. Please visit the State of Tennessee's Department of Economic and Community Development website for more detailed information.